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1052 Rat Bay Road , 102-1

Lake of Bays (Twp), ON P1H 2J6
  • $26,900
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 40483887
UPDATED: 204 min ago
$26,900
  • 2
    BEDS
  • 25-49.99
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 493
    SQFT
  • $55
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
County:
Area:

Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th share of the cottage that you buy which includes a share in the entire complex. This gives you the right to use the cottage for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/wk depending on the season. If it's rented through Blue Water Acres the revenue is split 50/50. If you rent it out yourself you get to keep 100% of the revenue. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity center, gorgeous sandy beach with shallow water ideal for kids, great swimming, kayaks, canoes, paddleboats, skating rink, tennis court, playground, and walking trails. You can moor your boat for your weeks during boating season. This 2 bedroom cottage is called 102 Deerview, Week 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,310 + HST. Core Week 1 started on June 23 in 2023. Remaining weeks for 2023 are: Oct 6 and Dec 2, 2023. Weeks for 2024 are: Feb 16/24, May 24, June 21 (core week), October 11, December 6/24. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-28T14:32:52.5.
www.foresthillcollingwood.com/homes/143484433
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1052 Rat Bay Road , 102-1 Lake of Bays (Twp), ON P1H 2J6

  • Price: $26,900
  • Status: Active
  • On Site: 9 Days
  • Updated: 204 min ago
  • MLS #: 40483887
2
Beds
1
Baths
0
½ Baths
25-49.99
Acres
493
SQFT
$55
$/SQFT
Neighbourhood:
Franklin
County:
Muskoka
Area:
Lake Of Bays
Property Description
Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th share of the cottage that you buy which includes a share in the entire complex. This gives you the right to use the cottage for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/wk depending on the season. If it's rented through Blue Water Acres the revenue is split 50/50. If you rent it out yourself you get to keep 100% of the revenue. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity center, gorgeous sandy beach with shallow water ideal for kids, great swimming, kayaks, canoes, paddleboats, skating rink, tennis court, playground, and walking trails. You can moor your boat for your weeks during boating season. This 2 bedroom cottage is called 102 Deerview, Week 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,310 + HST. Core Week 1 started on June 23 in 2023. Remaining weeks for 2023 are: Oct 6 and Dec 2, 2023. Weeks for 2024 are: Feb 16/24, May 24, June 21 (core week), October 11, December 6/24. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free.
Exterior Features

Acres Range 25-49.99 Architectural Style Cottage Attached Garage YN No Attached YN No Carport YN No Construction Materials Wood Siding Crops Included YN No Direction Faces South Docking Features Boat Slip Docking Type Private Docking Docking YN Yes Driveway Parking Outside/Surface/OpenVisitor Parking Exterior Features Recreational AreaTennis Court(S)Year Round Living Foundation Details Block Frontage Length 300.00 Frontage Type South Garage YN No Is Land YN No Lot Features RuralBeachTrails Lot Size Area 49.5 Open Parking Spaces 1 Open Parking YN Yes Parking Features Exclusive Parking Total 1 Pool Features Indoor Property Attached Detached Road Frontage Type Year Round Road Roof Shingle Shoreline CleanHard BottomSandyShallow Topography Open SpaceTerracedWooded/Treed View BayBeachLakePanoramicPoolTrees/Woods View YN True Water Body Name Lake Of Bays Waterfront Features LakeWaterfront CommunitySouthBeach FrontLake/Pond Waterfront YN Yes Window Features Window Coverings

Interior Features

Above Grade Finished Area 493.48 Appliances Water HeaterDishwasherHot Water Tank OwnedMicrowaveRefrigeratorStove Basement None Bathrooms Total 1 Beds Above Grade 2 Beds Below Grade 0 Cooling Wall Unit(S) Cooling YN No Fireplace YN Yes Fireplaces Total 1 Heating BaseboardElectricFireplace-Propane Heating YN Yes Interior Features High Speed Internet Kitchens Total 1 Main Level Bedrooms 2 Pets Allowed No Room Count 7

Property Features

Assessment Year 2021 Association Amenities Bbqs PermittedFitness CenterGame RoomPlaygroundPoolTennis Court(S)Parking Association Fee2 Frequency Monthly Association YN Yes Building Name 102 Deerview Common Elements Fee YN No Common Interest Fractional Condo Corporation YN No Cross Street Rat Bay Road Electric On Property YN Yes Inclusions Carbon Monoxide DetectorDishwasherFurnitureHot Water Tank OwnedMicrowaveRefrigeratorSmoke DetectorStoveWindow Coverings Laundry Features Common AreaShared New Construction YN No Property Sub Type Single Family Residence Security Features Carbon Monoxide DetectorSmoke DetectorNone Senior Community YN No Sewer Septic Tank Transaction Type Sale Utilities Cell ServiceElectricity Connected Water Source Lake/River Water Treatment ChlorinationUv SystemWater Purification Winterized Fully Winterized Zoning Waterfront Resort Commercial With An Exception

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Susan Brown of Chestnut Park Real Estate Ltd., Brokerage, Port Carling.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-28T14:32:52.5.
 
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114 Ontario Street
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